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Loans (Tables)
 6 Months Ended
Jun. 30, 2016
Receivables [Abstract]  
Schedule of loans, excluding loans held for sale
Loans, excluding loans held for sale, at June 30, 2016 and December 31, 2015, were comprised of the following (dollars in thousands):
 
June 30,
2016
 
December 31, 2015
Commercial
$
201,381

 
$
177,481

Commercial real estate:
 

 
 

Construction and land development
89,451

 
72,968

Commercial real estate
438,164

 
430,186

Residential real estate:
 

 
 

Residential
216,857

 
220,434

Home equity
107,007

 
98,449

Consumer
5,099

 
6,007

Total loans
$
1,057,959

 
$
1,005,525
Schedule stating outstanding principal balance and the carrying amount of loan acquired
The outstanding principal balance and the carrying amount of these loans included in the consolidated balance sheets at June 30, 2016 and December 31, 2015 are as follows (dollars in thousands): 
 
June 30,
2016
 
December 31, 2015
Outstanding principal balance
$
123,770

 
$
145,380

Carrying amount
115,084

 
135,254

The outstanding principal balance and related carrying amount of acquired impaired loans, for which the Company applies FASB Accounting Standards Codification ("ASC") 310-30 to account for interest earned, as of the indicated dates are as follows (dollars in thousands):
 
June 30,
2016
 
December 31, 2015
Outstanding principal balance
$
36,401

 
$
40,951

Carrying amount
30,302

 
33,878
Schedule of changes in the accretable yield on acquired impaired loans
The following table presents changes in the accretable yield on acquired impaired loans, for which the Company applies FASB ASC 310-30, at June 30, 2016 and December 31, 2015 (dollars in thousands):
 
June 30, 2016
 
December 31, 2015
Balance at January 1
$
7,299

 
$
1,440

Additions from merger with MainStreet
—

 
7,140

Accretion
(1,902
)
 
(4,313
)
Other changes, net
645

 
3,032

 
$
6,042

 
$
7,299
Schedule of analysis by portfolio segment of the entity's past due loans
The following table shows an analysis by portfolio segment of the Company's past due loans at June 30, 2016 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
—

 
$
3

 
$
—

 
$
74

 
$
77

 
$
201,304

 
$
201,381

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
28

 
—

 
86

 
114

 
89,337

 
89,451

Commercial real estate
1

 
—

 
—

 
933

 
934

 
437,230

 
438,164

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
548

 
258

 
—

 
1,688

 
2,494

 
214,363

 
216,857

Home equity
191

 
57

 
—

 
628

 
876

 
106,131

 
107,007

Consumer
29

 
9

 
—

 
3

 
41

 
5,058

 
5,099

Total
$
769

 
$
355

 
$
—

 
$
3,412

 
$
4,536

 
$
1,053,423

 
$
1,057,959

The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2015 (dollars in thousands):
 
30- 59 Days
Past Due
 
60-89 Days
Past Due
 
90 Days +
Past Due
and Still
Accruing
 
Non-
Accrual
Loans
 
Total
Past
Due
 
Current
 
Total
Loans
Commercial
$
137

 
$
—

 
$
—

 
$
90

 
$
227

 
$
177,254

 
$
177,481

Commercial real estate:
 

 
 

 
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
258

 
258

 
72,710

 
72,968

Commercial real estate
135

 
182

 
—

 
2,497

 
2,814

 
427,372

 
430,186

Residential:
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential
913

 
398

 
—

 
1,731

 
3,042

 
217,392

 
220,434

Home equity
140

 
12

 
—

 
620

 
772

 
97,677

 
98,449

Consumer
53

 
1

 
—

 
9

 
63

 
5,944

 
6,007

Total
$
1,378

 
$
593

 
$
—

 
$
5,205

 
$
7,176

 
$
998,349

 
$
1,005,525
Schedule of impaired loan balances by portfolio segment
The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at June 30, 2016 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
3

 
$
3

 
$
—

 
$
3

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
—

 
—

 
—

 
—

 
—

Commercial real estate
1,577

 
1,577

 
—

 
1,096

 
40

Residential:
 

 
 

 
 

 
 

 
 

Residential
2

 
3

 
—

 
1

 
2

Home equity
6

 
6

 
—

 
117

 
1

Consumer
10

 
10

 
—

 
11

 
—

 
$
1,598

 
$
1,599

 
$
—

 
$
1,228

 
$
43

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial *
98

 
98

 
—

 
102

 
1

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
291

 
291

 
4

 
410

 
10

Commercial real estate
384

 
384

 
2

 
413

 
7

Residential
 

 
 

 
 

 
 

 
 

Residential
1,415

 
1,420

 
22

 
1,588

 
9

Home equity*
271

 
270

 
—

 
341

 
2

Consumer*
1

 
1

 
—

 
15

 
—

 
$
2,460

 
$
2,464

 
$
28

 
$
2,869

 
$
29

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
101

 
$
101

 
$
—

 
$
105

 
$
1

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
291

 
291

 
4

 
410

 
10

Commercial real estate
1,961

 
1,961

 
2

 
1,509

 
47

Residential:
 

 
 

 
 

 
 

 
 

Residential
1,417

 
1,423

 
22

 
1,589

 
11

Home equity
277

 
276

 
—

 
458

 
3

Consumer
11

 
11

 
—

 
26

 
—

 
$
4,058

 
$
4,063

 
$
28

 
$
4,097

 
$
72

*Allowance is reported as zero in the table due to presentation in thousands and rounding.
The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at December 31, 2015 (dollars in thousands):
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
Commercial
$
4

 
$
4

 
$
—

 
$
47

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
205

 
205

 
—

 
220

 
—

Commercial real estate
1,202

 
1,206

 
—

 
1,504

 
1

Residential:
 

 
 

 
 

 
 

 
 

Residential
127

 
124

 
—

 
126

 
—

Home equity
173

 
173

 
—

 
305

 
—

Consumer
13

 
13

 
—

 
14

 
—

 
$
1,724

 
$
1,725

 
$
—

 
$
2,216

 
$
1

With a related allowance recorded:
 

 
 

 
 

 
 

 
 

Commercial*
$
91

 
$
91

 
$
—

 
$
99

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
448

 
449

 
6

 
563

 
26

Commercial real estate
390

 
391

 
3

 
353

 
17

Residential:
 

 
 

 
 

 
 

 
 

Residential*
1,649

 
1,690

 
—

 
1,034

 
22

Home equity
397

 
396

 
25

 
327

 
—

Consumer
8

 
9

 
1

 
11

 
—

 
$
2,983

 
$
3,026

 
$
35

 
$
2,387

 
$
65

Total:
 

 
 

 
 

 
 

 
 

Commercial
$
95

 
$
95

 
$
—

 
$
146

 
$
—

Commercial real estate:
 

 
 

 
 

 
 

 
 

Construction and land development
653

 
654

 
6

 
783

 
26

Commercial real estate
1,592

 
1,597

 
3

 
1,857

 
18

Residential:
 

 
 

 
 

 
 

 
 

Residential
1,776

 
1,814

 
—

 
1,160

 
22

Home equity
570

 
569

 
25

 
632

 
—

Consumer
21

 
22

 
1

 
25

 
—

 
$
4,707

 
$
4,751

 
$
35

 
$
4,603

 
$
66


*Allowance is reported as zero in the table due to presentation in thousands and rounding.
Schedule of detail of loans modified as troubled debt restructurings
The following tables show the detail of loans modified as troubled debt restructurings ("TDRs") during the three and six months ended June 30, 2016 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended June 30, 2016
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
1

 
$
24

 
$
24

Commercial real estate
 
1

 
937

 
937

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
1

 
2

 
1

Consumer
 
—

 
—

 
—

Total
 
3

 
$
963

 
$
962

 
 
Loans Modified as a TDR for the
 
 
Six Months Ended June 30, 2016
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
1

 
$
24

 
$
24

Commercial real estate
 
2

 
1,005

 
1,003

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
1

 
2

 
1

Consumer
 
—

 
—

 
—

Total
 
4

 
$
1,031

 
$
1,028

The following tables show the detail of loans modified as TDRs during the three and six months ended June 30, 2015 included in the impaired loan balances (dollars in thousands):
 
 
Loans Modified as a TDR for the
 
 
Three Months Ended June 30, 2015
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
2

 
249

 
249

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
2

 
51

 
51

Consumer
 
—

 
—

 
—

Total
 
4

 
$
300

 
$
300

 
 
Loans Modified as a TDR for the
 
 
Six Months Ended June 30, 2015
Loan Type
 
Number of Contracts
 
Pre-Modification
Outstanding Recorded
Investment
 
Post-Modification
Outstanding Recorded
Investment
Commercial
 
—

 
$
—

 
$
—

Commercial real estate
 
3

 
256

 
255

Construction and land development
 
—

 
—

 
—

Home Equity
 
—

 
—

 
—

Residential real estate
 
4

 
394

 
389

Consumer
 
—

 
—

 
—

Total
 
7

 
$
650

 
$
644
Schedule of commercial loan portfolio broken down by internal risk grading
The following table shows the Company's loan portfolio broken down by internal risk grading as of June 30, 2016 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Construction and Land Development
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
200,609

 
$
86,580

 
$
426,666

 
$
199,337

 
$
104,426

Special Mention
683

 
818

 
6,811

 
12,517

 
1,548

Substandard
89

 
2,053

 
4,687

 
5,003

 
1,033

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
201,381

 
$
89,451

 
$
438,164

 
$
216,857

 
$
107,007

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
 
 
Performing
$
5,061

Nonperforming
38

Total
$
5,099

 
The following table shows the Company's loan portfolio broken down by internal risk grading as of December 31, 2015 (dollars in thousands):
Commercial and Consumer Credit Exposure
Credit Risk Profile by Internally Assigned Grade
 
Commercial
 
Construction and Land Development
 
Commercial
Real Estate
Other
 
Residential
 
Home
Equity
Pass
$
175,963

 
$
68,853

 
$
418,719

 
$
200,008

 
$
96,142

Special Mention
1,364

 
1,210

 
5,860

 
14,638

 
1,314

Substandard
154

 
2,905

 
5,607

 
5,788

 
993

Doubtful
—

 
—

 
—

 
—

 
—

Total
$
177,481

 
$
72,968

 
$
430,186

 
$
220,434

 
$
98,449

Consumer Credit Exposure
Credit Risk Profile Based on Payment Activity
 
Consumer
 
 
Performing
$
5,999

Nonperforming
8

Total
$
6,007